Industry Report: Digital Currency Is Booming Across the Globe
Japan won’t let Mt. Gox bring it down, MGT brings Bruce Fenton on board, and a digital bank says “yes” to Bitcoin. Want to catch up on the latest digital currency news? Take a gander at the stories below. TOKYO – MITSUBISHI GOES IN ON DIGITAL CURRENCY. Despite its gruesome history with Mt. Gox, Japan is refusing to give up on digital currency. In a statement on Tuesday, Bank of Tokyo-Mitsubishi UFJ confirmed that it is experimenting with a new digital currency that utilizes Bitcoin technology to process transactions. A spokesman for the bank explained: “The details have not been decided. .....
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Bitcoin is a booming industry in Africa; a lot of startups and other digital currency business are growing exponentially. The digital currency ecosystem has found many followers in Africa and this week the continent's first Bitcoin conference is taking place in Cape Town, South Africa. This first quarter of 2015 the Bitcoin industry has grown as never before. A record amount of venture capital has been placed into the digital currency on a global scale. The US$299 million invested takes the all-time total Bitcoin startup funding to US$676 million. Reports indicate The first quarter of this....
Roughly six months after the launch of the world's first bitcoin ATM, this sector of the bitcoin industry has expanded dramatically, with more than 15 manufacturers competing for prime installation space in major cities and commerce centres around the globe. However, a new report from the Electronic Funds Transfer Association (EFTA) and the ATM Industry Association (ATMIA) suggests that these entities could soon have powerful new competition in the market, competition that would potentially further accelerate bitcoin adoption in a way that the digital currency's own native businesses may....
AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Globe Token (GDT) under the pair USDT/GDT on Apr 22 at 1:00 p.m. UTC. Globe aims to be the global cryptocurrency derivatives trading platform of choice for traders. It is the first digital […]
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Globe Token (GDT) under the pair USDT/GDT on Apr 22 at 1:00 p.m. UTC. Globe aims to be the global cryptocurrency derivatives trading platform of choice for traders. It is the first digital asset derivatives trading platform designed and developed to offer microsecond core latencies, burst message processing rates over ten million, and stable millisecond core cloud API. Globe is the inventor of bitcoin VIX futures.....
Russia has always been referred as a bitcoin unfriendly country. However, the crypto industry is growing stronger than ever and despite the old stigma that bitcoin is only used by cyber criminals and for money laundering, the industry is still booming in the country. Since the last submission of a bitcoin ban draft law presented to the Russia’s legislative assembly, the Duma, many deemed as uncertain the future of the digital currency industry. Nevertheless, the cryptocurrency industry continues to flourish and is now introducing new solutions to payment services.